Random Beer Thoughts

[Lutter]

Does Jeppe look like Jim Henson or am I drunk?

 

[FoudreGuy]

Does Jeppe look like Jim Henson or am I drunk?

Maybe, but I’m guessing Jeppe has never been remotely happy like Jim was throughout this life.

They tried to do too much with the brand. I've been to the Mirimar Brewery and the one in Little Italy and had a blast at both. The beers were mostly solid to pretty good overall but there is no need to have like 8 different locations in such a close proximity to each other.

Modern Times says what?

 

[lb304854]

Does Jeppe look like Jim Henson or am I drunk?

He looks like he would be a promising MMA prospect out of Chechnya.

 

[boogercrack]

He looks like he would be a promising MMA prospect out of Chechnya.

Or the bassist for an alt-country band that broke up in 1996 after opening for Whiskeytown on a raucous tour. Said bassist took a real dark turn after the commercial success of Mumford and Sons and The Lumineers. "I would have been happy to sell out for Lumineers money. We were too early to be marketable like that and if only Robbie wouldn't have swung on Ryan Adams that one night in Mobile we could have been them. Instead now I'm really taking pride in my cortado cupping in the morning and fostering people into mezcal in the evenings. Even despite my crippling alcoholism I manage to hold three jobs. Every night I cry."

 

[stupac2]

Modern Times says what?

Did you see the thing where they're apparently soliciting "investment" from the community at large, and as part of that included financial details? They apparently don't have cash on hand to cover a month's expenses and millions of dollars in debt! That sure seems like a good investment opportunity, not a bomb that's going to explode in a few months.

I still hold a grudge against them from when the founder was a raging idiot/********* on BA about their growler policy before they opened, so that's one brewery where I really wouldn't mind them completely imploding.

 

[pen15clubmember]

Did you see the thing where they're apparently soliciting "investment" from the community at large, and as part of that included financial details? They apparently don't have cash on hand to cover a month's expenses and millions of dollars in debt! That sure seems like a good investment opportunity, not a bomb that's going to explode in a few months.

I still hold a grudge against them from when the founder was a raging idiot/********* on BA about their growler policy before they opened, so that's one brewery where I really wouldn't mind them completely imploding.

Source about the crowdsourcing.

I was on BA when they opened but somehow missed that. I assume they were only filling their own branded growlers and he was using the defend the brand/quality angle or?

 

[FoudreGuy]

Did you see the thing where they're apparently soliciting "investment" from the community at large, and as part of that included financial details? They apparently don't have cash on hand to cover a month's expenses and millions of dollars in debt! That sure seems like a good investment opportunity, not a bomb that's going to explode in a few months.

I still hold a grudge against them from when the founder was a raging idiot/********* on BA about their growler policy before they opened, so that's one brewery where I really wouldn't mind them completely imploding.

Wow.

I like Modern Times a lot, they're one of the new non-local breweries that I consistently buy beer from. However, they're expanding like crazy and I'm not sure it's sustainable.

 

[bramsdell]

Wow.

I like Modern Times a lot, they're one of the new non-local breweries that I consistently buy beer from. However, they're expanding like crazy and I'm not sure it's sustainable.

We've started seeing some of their stuff here in DC, but it seems to randomly land on shelves. There's just like one or two six- or four-packs in a cooler for a little bit and then it may be replaced by some other random MT beer.

 

[stupac2]

Source about the crowdsourcing.

I was on BA when they opened but somehow missed that. I assume they were only filling their own branded growlers and he was using the defend the brand/quality angle or?

Right, but he tried to defend it by saying that their special fancy European filling machine would require too much work to calibrate between different growlers. So I looked up the damn thing's user manual and sure enough it was a specifically advertised feature that that wasn't true. Of course he never admitted that he was either ignorant or lying, which is the kind of thing that drives me insane. So I've never paid for their beer.

 

[Lutter]

They apparently don't have cash on hand to cover a month's expenses and millions of dollars in debt!

Debt is not necessarily bad. They just bought a new brewery or two, right? That's probably long-term debt.

Not increasing cash flow with an expanded business is probably a pretty good way to go out of business though. (unless you've got deep pockets)

 

[stupac2]

Debt is not necessarily bad. They just bought a new brewery or two, right? That's probably long-term debt.

Not increasing cash flow with an expanded business is probably a pretty good way to go out of business though. (unless you've got deep pockets)

The details are in that link, from my understanding a lot of it is actually short term. Just reading some reactions from people more versed in this stuff than I am on reddit it really sounds like a disaster in the making, but we'll see.

 

[Lutter]

The details are in that link, from my understanding a lot of it is actually short term. Just reading some reactions from people more versed in this stuff than I am on reddit it really sounds like a disaster in the making, but we'll see.

Hahaha....

With the largest expenses of our business coming from capital expenditures and capital leases for buildings, tenant improvements and equipment, our Profit & Loss statement carries a large amount of depreciation and interest expense that are accounting related expenses and non-operating. In addition, our Employee Stock Ownership Plan (ESOP) requires that we book stock compensation expense on our Profit & Loss statement related to the numbers of ESOP shares distributed to qualified employees each year. Again, this is an accounting related expense that is non-operating.

Pfft. Typical. Blaming the accountant for doing his job.

 

[pen15clubmember]

Jacob from MT (moderntimesjacob) hopped into reddit thread on the subject and, as to be expected, is getting dragged.

Edit: Maybe I'm just out of the loop, but I was not aware of an Oakland location being in the works. Wonder if it's in the space where Golden Road tried for lol

 

[sacrelicio]

Wasn't MT in an article back around the time they started about how starting a brewery is actually a really bad idea? This is back when the boom was really getting going but every beer nerd and homebrewer still thought they could open their own brewery.

 

[BadJustin]

Wasn't MT in an article back around the time they started about how starting a brewery is actually a really bad idea? This is back when the boom was really getting going but every beer nerd and homebrewer still thought they could open their own brewery.

One of our fine members, keef, is a close, personal friend who also happens to own a brewery and says people ask him for advice all the time on opening and he simply replies "Don't".

 

[lambandtunaphish]

One of our fine members, keef, is a close, personal friend who also happens to own a brewery and says people ask him for advice all the time on opening and he simply replies "Don't".

Savvy move. Might as well try to keep the future competition from even getting started.

 

[Der Fuchs]

Ug. I know Jacob personally (from long before he started MT) and even i don't think this is the right move.

 

[stupac2]

One of our fine members, keef, is a close, personal friend who also happens to own a brewery and says people ask him for advice all the time on opening and he simply replies "Don't".

The only way I can see it being reasonable is:

1) You actually are a world-class brewer (lol)
2) You're already set for life and it's just a passion project

That said, the same is true about starting most businesses, and yet people still do it all the time (and good thing, because otherwise our economy would get sclerotic). Also, I think there's still room for more neighborhood-level breweries that function essentially as a bar or restaurant would, but it seems more straightforward to just skip the brewing part if that's what you want to do. But there are plenty of places that opened around here and put out okay-not-great beer that seem to be doing well for themselves. What's absolutely idiotic is to try to be the next regional brewery. Those places are already getting hammered, getting that big exposes you to a lost of risk, and the distribution channels get less lucrative as you get bigger. Just... why even try? Maybe it's the equivalent of a startup who's road to profitability is "get bought by a FAANG".

 

[furley]

Or the bassist for an alt-country band that broke up in 1996 after opening for Whiskeytown on a raucous tour. Said bassist took a real dark turn after the commercial success of Mumford and Sons and The Lumineers. "I would have been happy to sell out for Lumineers money. We were too early to be marketable like that and if only Robbie wouldn't have swung on Ryan Adams that one night in Mobile we could have been them. Instead now I'm really taking pride in my cortado cupping in the morning and fostering people into mezcal in the evenings. Even despite my crippling alcoholism I manage to hold three jobs. Every night I cry."

that was so oddly specific that i expected it to take an erotic turn

6/10

could go as high as 8 depending on the quality of the erotica

 

[AndresR]

Not sure if their value talked about earlier, but Modern Times valued themselves at......$264 MILLION?!?! WTF?!?!

https://www.brewbound.com/news/valu...ion-modern-times-seeks-1-million-via-wefunder

 

[Lutter]

Not sure if their value talked about earlier, but Modern Times valued themselves at......$264 MILLION?!?! WTF?!?!

https://www.brewbound.com/news/valu...ion-modern-times-seeks-1-million-via-wefunder

 

[MikeJones]

I realized that I drink beer way faster out of the can then when I pour it in to a glass.

 

[Lutter]

https://www.lcsun-news.com/story/en...PZooMHFhxIFqBVuBGXz_ECI05LLke_0GoilFcknRxFed4

Can I trade this for Herdy Topher?

 

[BeerandNoise]

I realized that I drink beer way faster out of the can then when I pour it in to a glass.

 

[tikk]

Some wholesaler brought in Tradehouse beers to my wife's office today. My wife grabbed a few for me, he came into her office to do the sales pitch and he was bragging about how exclusive the beers were. My wife's response was "so you went to the brewery?" He then started to mansplain the "dark web" of beer reselling and that treehouse is so exclusive. She then asked him if he was referring to Facebook as the dark web.

He followed up by talking about Heady Topper being the best beer, and the Alchemist being amazing. My wife then told him she had been to that brewpub, I had dragged her there when we were first dating. He claimed they were never a brewpub, and she must be confused with something else.

My wife hates beer and everything I drag her to, but she made me so proud shutting up a new money shitlord.

 

[leftoverburrito]

Some wholesaler brought in Tradehouse beers to my wife's office today. My wife grabbed a few for me, he came into her office to do the sales pitch and he was bragging about how exclusive the beers were. My wife's response was "so you went to the brewery?" He then started to mansplain the "dark web" of beer reselling and that treehouse is so exclusive. She then asked him if he was referring to Facebook as the dark web.

He followed up by talking about Heady Topper being the best beer, and the Alchemist being amazing. My wife then told him she had been to that brewpub, I had dragged her there when we were first dating. He claimed they were never a brewpub, and she must be confused with something else.

My wife hates beer and everything I drag her to, but she made me so proud shutting up a new money shitlord.

Our wives would be best friends.

 

[RyanG1]

Some wholesaler brought in Tradehouse beers to my wife's office today. My wife grabbed a few for me, he came into her office to do the sales pitch and he was bragging about how exclusive the beers were. My wife's response was "so you went to the brewery?" He then started to mansplain the "dark web" of beer reselling and that treehouse is so exclusive. She then asked him if he was referring to Facebook as the dark web.

He followed up by talking about Heady Topper being the best beer, and the Alchemist being amazing. My wife then told him she had been to that brewpub, I had dragged her there when we were first dating. He claimed they were never a brewpub, and she must be confused with something else.

My wife hates beer and everything I drag her to, but she made me so proud shutting up a new money shitlord.

Any pliney?

 

[liquiddegenerate]

Any pliney?

It's better.

 

[tikk]

Any pliney?

I wish.

Speaking of old money, I bought my first Plineeeey on Ebay before they banned and since unbanned beer selling.

 

[sacrelicio]

It's better.

Zobmie dust